Insolvency Act 1986

408 Recourse to Consolidated Fund. E+W

If, after any repayment due to it from the Investment Account, the Insolvency Services Account is insufficient to meet its liabiities, the Treasury may, on being informed of it by the Secretary of State, issue the amount of the deficiency out of the Consolidated Fund, and the Treasury shall certify the deficiency to Parliament.

Modifications etc. (not altering text)

C1S. 408 applied with modifications by S.I. 1986/1999, art. 3, Sch. 1 Pt. II